Full-Time

Backend Engineer

Updated on 2/6/2025

Monzo

Monzo

1,001-5,000 employees

Digital-only banking platform for consumers

Fintech
Financial Services

Compensation Overview

ÂŁ75k - ÂŁ105kAnnually

Mid, Senior

H1B Sponsorship Available

Remote in UK

This role can be based in the London office, but we're open to distributed working within the UK (with ad hoc meetings in London).

Category
Backend Engineering
Software Engineering
Required Skills
Java
Go
Scala
C/C++

You match the following Monzo's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • strong experience working on the backend of a technology product
  • a product mindset: you care about customer outcomes and you want to make data-informed decisions
  • comfortable working in a team that deals with ambiguity
  • interested in distributed systems and writing resilient software
  • some experience with strongly-typed languages (Go, Java, C, Scala etc.)
Responsibilities
  • collaborating with your team to make a difference to your customers
  • building and supporting a particular part of Monzo
Desired Qualifications
  • passionate about this role and keen to learn and grow
  • not ticking every box is okay

Monzo operates as a digital-only banking platform focused on providing a modern way for individuals to manage their finances. Its main product is a mobile app that allows users to track their income, spending, and savings easily. The app includes features that help users save money, such as automatically setting aside a portion of their paycheck or rounding up transactions to the nearest dollar. Monzo generates revenue through interest on deposits, fees for certain services, and interchange fees from card transactions, as well as offering overdrafts and personal loans. What sets Monzo apart from traditional banks is its real-time balance updates and instant spending notifications, which help users stay informed about their finances. The goal of Monzo is to provide a convenient, mobile-first banking experience that meets the needs of today's consumers.

Company Stage

Late Stage VC

Total Funding

$1.9B

Headquarters

London, United Kingdom

Founded

2015

Growth & Insights
Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Monzo's $400M funding in 2024 supports expansion and technological advancements.
  • Partnership with SignLive enhances accessibility for Deaf and hard of hearing users.
  • Expansion into Europe in 2025 opens new market opportunities.

What critics are saying

  • Internal disagreement on IPO location may delay public offering plans.
  • UK antitrust accusations could harm Monzo's reputation and incur fines.
  • Regulatory challenges in Europe may complicate Monzo's expansion plans.

What makes Monzo unique

  • Monzo offers a digital-only banking experience with real-time spending updates.
  • The app features 'Pots' for budgeting and 'Monzo Plus' for premium services.
  • Monzo's gambling block feature promotes responsible banking and financial control.

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Benefits

Competitive salary

Flexible working hours

Work from home

Stock options

32 days of paid vacation and public holidays per year

Health insurance

EAP

Learning budget

Home office stipend

Paid parental leave